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ratelena [41]
3 years ago
8

Gilbert inc. generated sales revenues of $1,000,000 in the year 2015. its cost of goods sold amounted to $400,000. calculate gil

bert's gross profit percentage.
Business
1 answer:
julsineya [31]3 years ago
7 0

400000 \div 1000000 = .4 \times 100 = 40
100 - 40 = 60
60%
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